Taipei Twin Towers project was signed by Taipei City Mayor Ko Wen-je and Hsu Kun-tai, chairman of Taiwanese computer maker Clevo Co. as part of the investment agreement for the big project, reported by CNA.

The agreement was signed on Dec 17 as Clevo and its affiliate the Hongwell Group became the most preferred bidder for the Taipei Twin Towers.

The construction of the new towers is expected to take almost seven years to finish. The total investment amount for the two towers is estimated at more than NT$60 billion.

The Taipei Twin Towers, which will be built near the Taipei Railway Station, will also create approximately 16,000 employment opportunities and billions in economic value.

Taipei Twin Towers will be used for financial development, will also incorporate with Mass Rapid Transit (MRT), department stores, offices, sports facilities, and even international hotels according to to Mayor Ko.

One of the buildings will be 76 floors high, while the other will be 56 according to the Taipei City Government's Department of Rapid Transit Systems. (Photo CNA)